News Highlights: Top Company News of the Day - Wednesday at 11 AM ET
Lionsgate, Studio Behind 'John Wick,' Signs Deal With AI Startup Runway
The Hollywood studio will give the tech company access to its library of movies and shows in exchange for a custom-built AI model.
Google Wins Fight to Scrap $1.7 Billion EU Antitrust Fine Over Ads
Antitrust officials had imposed the fine over how the search giant might have restricted the way that some websites displayed ads sold by its rivals.
UAW Clashes With Jeep Maker, Threatening Strike
The union, which won a major contract victory last year, has criticized the company for cutting jobs and delaying plans at an Illinois factory.
General Mills Stock Rises After Earnings Beat
The maker of packaged foods reports adjusted earnings of $1.07 a share, beating Wall Street estimates by a penny.
Tupperware Files for Bankruptcy After Struggling With Weak Sales
The iconic food-storage company has voluntarily initiated chapter 11 proceedings and will seek court approval to continue operating and facilitate a sale process.
BlackRock, Microsoft Partner on Massive New AI Infrastructure Fund
The Global AI Infrastructure Investment Partnership will seek to raise $30 billion to invest in data centers and infrastructure.
23andMe Board Resigns in New Blow to DNA-Testing Company
All seven independent directors of DNA-testing company 23andMe resigned, following a protracted negotiation with CEO Anne Wojcicki over her plan to take the company private.
Tyson Foods Sued for Greenwashing
Environmentalists say the meat company's 'net-zero by 2050'claims don't hold water.
Viola Credit and Apollo Affiliate Form $500 Million Joint Venture
The global alternative-asset firm's partnership with Apollo Global Management affiliate Cadma Capital Partners focuses on asset-based lending for technology companies.
Dollar Stores Expand Aggressively Even as Sales Shrink
Both Dollar General and Dollar Tree are facing growing competition from Walmart and Target.
(END) Dow Jones Newswires
September 18, 2024 11:15 ET (15:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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